Maven Securities LTD Makes New $2.11 Million Investment in Carnival Co. & plc (NYSE:CUK)

Maven Securities LTD purchased a new position in shares of Carnival Co. & plc (NYSE:CUK - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 126,579 shares of the company's stock, valued at approximately $2,110,000. Maven Securities LTD owned 0.07% of Carnival Co. & at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Blue Trust Inc. purchased a new stake in shares of Carnival Co. & during the 2nd quarter worth $40,000. Point72 Asset Management L.P. acquired a new stake in shares of Carnival Co. & in the 2nd quarter worth approximately $48,000. Signaturefd LLC grew its holdings in shares of Carnival Co. & by 56.7% in the 2nd quarter. Signaturefd LLC now owns 5,671 shares of the company's stock worth $98,000 after acquiring an additional 2,053 shares during the period. Aigen Investment Management LP acquired a new stake in shares of Carnival Co. & in the 3rd quarter worth approximately $190,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Carnival Co. & in the 3rd quarter worth approximately $227,000. 23.80% of the stock is owned by institutional investors and hedge funds.

Carnival Co. & Price Performance

Shares of CUK traded up $0.55 on Wednesday, reaching $24.26. The stock had a trading volume of 833,729 shares, compared to its average volume of 1,939,728. The firm has a market capitalization of $4.55 billion, a PE ratio of 21.46 and a beta of 2.72. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The firm has a 50-day moving average of $20.03 and a 200 day moving average of $16.81. Carnival Co. & plc has a twelve month low of $12.50 and a twelve month high of $24.29.

Carnival Co. & (NYSE:CUK - Get Free Report) last released its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter. The business had revenue of $7.90 billion for the quarter. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%.

Insiders Place Their Bets

In related news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the transaction, the director now directly owns 65,789 shares in the company, valued at approximately $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.08% of the company's stock.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.